Cornerstone Home Lending, a division of Cornerstone Capital Bank, is a unique national home lender with a reputation of amazing service, customer satisfaction, on-time closings, employee retention, and happiness. We employ people who are passionately committed to Cornerstone's Mission, Vision & Core Convictions. Our brand is known for on-time closings - a key core conviction of Cornerstone. We have successfully navigated our company through many industry cycles and changes in regulations.
We honor God by using our talents to make a positive difference in the lives of our Team Members, Clients, Shareholders, Communities, and the People who provide services to us.
We are looking for an experienced Mortgage LoanProcessor who can drive amazing and deep relationships with our Loan Originators and Customers. This professional will partner with our team to assist our Originators and Customers through the loan process.
What you'll do:
* Must be able to independently calculate all types of self-employed income.
* Must be able to fund a minimum of 20 units per month while working towards the same units for the following month.
* You will need to monitor and manage workflow to ensure timely closings
* Maintain product knowledge and stay up to date on changes to market conditions
* Proficiency with AUS systems
* Comply with all applicable laws and regulations related to mortgage lending.
* Communicate with borrowers, operations staff, title companies, Realtors, etc., to expedite the mortgage process.
What you'll need to be successful:
Success in this job relies on your experience in processing mortgage loans and your understanding of the residential mortgage loan process.
* 3 plus years of continuous current retail Mortgage Processing experience preferred
* TRID knowledge required
* Excellent communication skills are a must
* Knowledge of FNMA, FHLMC, FHA, & VA underwriting guidelines
* Experience using LoanSoft LOS is a plus.
* Salesforce experience and knowledge of working within a database are a plus
* Strong written and verbal communication skills
* Teamwork and customer service are a must
* Self-motivated and energetic
* Strong computer and technology-related skills
* Able to work independently and proactively, prioritizing workload and handling multiple tasks
Where you come in:
We're a great company with great people, and we're looking for an experienced Processor who will bring enthusiasm, attention to detail, and a servant's heart to our team of top-tier mortgage professionals. This professional will work in a tight-knit, goal-oriented team.
What we offer:
Because we recognize and reward hard work, we offer a competitive salary, a full benefits package, and the potential for a performance-based bonus dependent upon position/department.
What to do next:
If Cornerstone sounds like the place for you (and if you have the qualifications, drive, and passion to match), we invite you to become a member of our winning team! And remember, once you're part of our Cornerstone family, we'll continue to invest in you as a valuable asset in our company. As many of our team members can tell you, there's something special about working at Cornerstone.
Qualifications
BehaviorsTeam Player - Works well as a member of a group
Dedicated - Devoted to a task or purpose with loyalty or integrity
Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.
$28k-35k yearly est. 4d ago
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Mortgage Loan Processor
Amcap 4.8
Loan processor job in Houston, TX
JOB TITLE: LoanProcessor
SUMMARY: This position is responsible for obtaining necessary information (i.e., loan applications, credit documents, appraisals, etc.) to process and complete mortgage loan files.
DUTIES AND RESPONSIBILITIES:
Reviews loans in process daily and determines which loans must be processed immediately.
Performs document audit to approve or reject each loan package for funding.
Resolves any exceptions with customer prior to funding.
Administers the timely daily disbursement and receipt of funds.
Enters data from new loan applications and other documents into computer system.
Orders credit reports, appraisals, flood certifications, and title work.
Refers loans that do not meet basic standards to staff underwriter.
Provides follow-up on a consistent basis with originators, borrowers, and agents to complete processing.
Analyzes loan files and submits completed loans for approval.
Responds to inquiries from originators, agents, and borrowers regarding status of loans in process.
Completes loan sheets and conversion logs.
Ensures regulatory compliance.
Creates and maintains loan files.
Processes approval and denial letters.
Maintains status of all files in process and updates as needed.
Keeps abreast of all FHA, VA, and conventional guidelines and changes that may affect loan status.
Completes all required paperwork and forms in a timely and accurate manner; prepares all required reports.
QUALIFICATIONS:
High school diploma or general education degree (GED)
1-2 years of related experience.
Computer skills required: Microsoft Office Suite and Encompass preferred.
COMPETENCIES:
Adaptability - Adapts to changes in the work environment; manages competing demands.
Customer Service - Manages difficult or emotional customer situations; responds promptly to customer needs; solicits customer feedback to improve service; meets commitments.
Ethics - Treats people with respect; keeps commitments.
Interpersonal Skills - Focuses on solving conflict, maintains confidentiality.
Oral Communication - Speaks clearly and persuasively in positive or negative situations; responds well to questions.
Planning/Organizing - Prioritizes and plans work activities; uses time efficiently.
Problem Solving - Identifies and resolves problems in a timely manner; gathers and analyzes information skillfully; works well in group problem solving situations.
Written Communication - Writes clearly and informatively.
Disclaimer:
This position description highlights a general description of duties and responsibilities. Employee(s) may be assigned other duties, in addition to or in lieu of those described herein, and any duties are subject to change at any time, according to the needs of the location or Company.
$39k-49k yearly est. Auto-Apply 60d+ ago
Loan Servicing Specialist - Mid Office
Third Coast Bank 4.1
Loan processor job in Humble, TX
Loan Servicing Specialist Department: Loan Operations The Loan Servicing Specialist will support the broader loan operations team by supporting the day-to-day operations of loans in a broad range of industries that require special handling and industry knowledge. Responsible for a variety of activities to ensure data integrity of loans, including onboarding in the core loan system and perform quality review of loan documentation. The ability to work in a demanding environment with high volume and be able to multi-task while having excellent communication skills, both orally and writing, are important. Candidates should have experience with all loan operation functions while managing multiple workflow systems.
Essential Functions:
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Manage and directly support a wide-ranging loan portfolio primarily consisting of commercial loans to include real-estate, construction, and varying business industries.
Manage the day-to-day workflow delivering superior service to internal client partners.
Duties include onboarding, servicing, and quality review of the loan portfolio.
Read and interpret credit agreements ensuring all policies and procedures are consistently met.
Ability to work independently on day-to-day tasks, utilizing prior experience, knowledge, and continuing education.
Perform high volume transactions including approving loan activity (fundings, repricing, payments, etc.) as instructed in accordance with credit agreements.
Accurate calculation and tracking of interest and fee accruals at various rate levels.
Review daily reports to ensure all maintenance, payments, and advances have been completed accurately.
Monitor and escalate past due principal, interest, and fees to ensure accuracy.
Communicate with lines of business partners, managers, and other operations partners regarding loan transactions, research, and exceptions.
Promptly identify, communicate, and remediate errors.
Help advance positive change within the team and the organization.
Foster a collaborative teamwork environment.
Performs all other duties as assigned.
Supervisory Responsibility:
This position has no supervisory responsibilities.
Job Type:
This is a full-time, non-exempt position. Typical work hours are Monday through Friday, 8:00am to 5:00pm.
Work Environment:
This job operates in a professional office environment. This position uses office equipment such as computers, phones, copy and fax machines, calculators, filing cabinets and printers.
Physical Demands:
This position will be responsible for writing, typing, speaking, listening, lifting (up to 50 pounds), driving, carrying, seeing (such as close, color and peripheral vision, depth perception and adjusted focus), sitting, pulling, walking, standing, squatting, kneeling and reaching.
Mental Demands:
The incumbent in this position must be able to accommodate to reading documents or instruments, detailed work, problem solving, customer contact, reasoning, math, language, presentations, verbal and written communication, analytical reasoning, stress, multiple concurrent tasks and constant interruptions.
Education and Experience:
High School Diploma, GED, or equivalent certification
At least 2-4 years of banking experience
2+ years of experience with FIS (IBS)
Preferred Qualifications/Requirements:
* Bachelor's Degree or Military experience
* 6+ years of banking experience, preferably in commercial loan operations
$37k-112k yearly est. 8d ago
Sr. Loan Processor
Stellantis Financial Services
Loan processor job in Houston, TX
Stellantis Financial Services (SFS) is the new captive finance company for one of the world's leading automakers and a mobility provider with iconic brands including Abarth, Alfa Romeo, Chrysler, Citro n, Dodge, DS Automobiles, Fiat, Jeep , Lancia, Maserati, Opel, Peugeot, Ram, Vauxhall, Free2move and Leasys.
Our exciting growth provides opportunities to advance your career as we successfully lead products and services from a small to midsize company in just a few years. Join our world class team and culture and contribute to our core mission which is enhancing our customer's experience.
Position Summary:
The Sr. LoanProcessor will be responsible for processing auto loan contract packages to ensure each file is accurate and complete prior to funding by performing the following duties. Assists loan processing and funding managers with pipeline management, training of loanprocessors, handling complex loan files, responding to escalated calls, and may perform quality file reviews as needed.
Essential Duties and Responsibilities:
Reviews and ensures submitted contracts and loan packages are complete, accurate and reflect proper approval authorities.
Closely inspects loan package documentation for suspicious or fraudulent documentation.
Verifies calculations on the contracts prior to funding and prepares completed files for funding.
Performs financial calculations such as income, payoffs, rebates and cancellation quotes, verification of employment, vehicle registration, driver s license, residence, and insurance coverage.
Conducts customer interview to validate information contained in the loan documents.
Serves as a liaison between Dealer, Loan Officers and Dealer Relationship Managers and assists in resolving funding issues.
Maintain confidentiality when accessing personal information of consumers, including, but not limited to, Social Security numbers and dates of birth.
Perform other ad-hoc tasks and duties as assigned.
Qualifications and Competencies Required To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Required Experience:
Minimum 2 years experience in auto finance industry as a LoanProcessor, or a similar position.
Education:
High school diploma and or/GED.
Skills Required:
In-depth knowledge of loan processing procedures, regulations, and guidelines.
Strong analytical and mathematical skills.
Excellent communication and customer service skills.
Ability to work efficiently in a fast-paced environment.
Proficient in using lease software and Microsoft Office Suite.
Overtime required required on an as needed basis.
Travel 0-10% - as required on an as needed basis.
Must have reliable transportation and live within a commutable distance to one of the following cities: Dallas, TX; Houston, TX; Phoenix, AZ.
Physical Demands The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
While performing the duties of this Job, the employee is regularly required to sit; use hands to finger, handle, or feel; reach with hands and arms and talk or hear. The employee is occasionally required to stand; walk and stoop, kneel, crouch, or crawl. The employee must occasionally lift and/or move up to 10 pounds. Specific vision abilities required by this job include close vision.
Work Environment The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. The noise level in the work environment is usually moderate.
Work Schedule This position requires the ability to work various shifts to accommodate business needs. Typically, between the hours of 8AM-6PM Monday through Friday and on weekends as needed. Travel is required 10% of the time.
An applicant must be authorized to work in the United States to be eligible for this position. Stellantis Financial Services, Inc. will not sponsor applicants for work visas of any type for this position.
Stellantis Financial Services, Inc (SFS) is an equal opportunity employer and is committed to providing its employees an environment that is free of harassment, discrimination, and intimidation. It is the policy of SFS to comply with all applicable employment laws and regulations and to provide equal opportunity for all qualified persons and to not discriminate against any employee or applicant for employment because of race, color, religion, sex, age, national origin, disability, pregnancy, sexual orientation, veteran status, gender identity or expression, change of sex, and/or transgender status or any protected status. Candidates must possess authorization to work in the United States. This policy applies to recruitment and placement, promotion, training, transfer, retention, rate of pay and all other terms and conditions of employment. Employment and promotion decisions will be based solely on merit, ability, achievement, experience, conduct and other legitimate business reasons.
$46k-80k yearly est. 60d+ ago
Mortgage Loan Processor
Members Choice Credit Union 3.9
Loan processor job in Houston, TX
General
The Mortgage LoanProcessor (MLP) is responsible for processing all real estate applications originated by the Mortgage Loan Officers in accordance with internal credit union policies, procedures, and guidelines. Applications include conventional purchase money, refinance, cash-out refinance, home equity and home improvement loans. Most loans are retained in the credit union's portfolio, but others are sold on the secondary market. This is an extensive member service-oriented position with primary responsibilities for the accurate processing, validating information and documentation, and timely closing a mortgage loan file. MLP's must have the ability to maintain effective communication with the member to ensure coordination and exchange of information for accomplishing the closing of the member's real estate loan. This position will also include some crossover into closing, funding, post-closing, and administrative job duties.
Duties & Responsibilities
Have thorough knowledge of first and second mortgage real estate lending practices, including federal regulatory requirements, state regulations and agency requirements.
Have a thorough understanding of conventional and special mortgage loan programs and knowledge of the necessary documentation for processing and obtaining underwriting approval.
Review Desktop Underwriter verification messages/approval conditions. Verify the accuracy and integrity of all loan data entered into the system including but not limited to names, addresses, government monitoring information, loan information (i.e. loan amount, interest, terms, lock-in expiration dates, etc.)
Communicate with members to provide them with an overview of the process and inform the member of information and documentation necessary to process the loan.
Conduct follow-up on outstanding documentation to ensure receipt to keep file on track for a timely closing.
Order from closing document attorney and/or preparing loan closing documents to prepare for loan closings.
Disclose Closing Disclosures within TRID guidelines, validating information, reconcile loan fees and charges with title companies, attorney's offices, appraisers, surveyors, etc., and accurately perform funding transactions to disburse funds to Borrowers and/or title companies.
Maintain quality within the department by following operational policies and procedures, reporting needed changes, and compliance with Federal regulations.
Manage relationships with vendors including title companies, mortgage insurance companies, document attorney, and appraisal management companies.
The MLP is expected to be flexible with respect to duties, scheduling, and periodically completing duties that may be outside their normal job description.
Job Requirements
Must register with the National Mortgage Licensing System
High school graduate with 5 years experience in mortgage lending with at least 2 years as a Mortgage LoanProcessor
Strong verbal and written communication skills
Strong organizational and planning skills
Provide friendly, prompt, professional and accurate service and support to all members and associates
Maintain a dependable record of attendance and timeliness. Ability to work evenings and weekends if needed.
Knowledge of software and hardware necessary to conduct business in a credit union environment, including, but not limited to: multiple line telephones, fax machine, voicemail, Outlook based electronic mail and calendars, E-Fax, Windows, Microsoft Office (Word, Excel, and PowerPoint)
Knowledge and familiarity with Calyx loan origination system strongly preferred
Bilingual in Spanish is a plus.
Physical/Mental Requirements Of The Position:
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
While performing the duties of the job, the employee is regularly required to stand, sit, use hands, reach with hands and arms, kneel, crouch, and talk and hear.
Ability to move and/or lift 10 pounds.
The vision requirements include close vision and ability to adjust focus.
The mental demands include detailed work, reasoning, math, language, written and verbal communications, multiple concurrent tasks.
$46k-58k yearly est. Auto-Apply 60d+ ago
Mortgage Loan Processor
Prolending Mortgage
Loan processor job in Webster, TX
ProLending Mortgage, LLC. provides Home Loans for Houston and the surrounding areas of Texas. We're committed and dedicated to making your loan process as easy and simple as possible. If you have any questions or you would like to talk to us about your loan or you're pre-qualification, please contact us today. We're here to help and serve you!
Job Description
ProLending Mortgage is currently looking for a reliable LoanProcessor to perform appraisals of individual loans in Texas. You will undertake an intermediary role between potential clients and our financial institution. The goal is to help qualified applicants obtain loans in a timely manner and protect our organization's credibility. Loanprocessor duties and responsibilities will include analysis, appraisal and evaluation of loan applicants, as well as writing and finalizing contracts. Our ultimate goal is to create lasting relationships with each of our clients so that we may continue providing excellent service for many years to come. Unlike many of the larger nationwide mortgage companies that are out there, all your information will be kept secure and private.
Responsibilities
• Perform initial appraisal of potential borrowers by thoroughly examining their applications
• Assess the credit standings of applicants through background research
• Interview applicants to evaluate their eligibility for loan or mortgage
• Conclude on all applicable financial and non-financial criteria and develop loan repayment plans
• Follow up with clients to clarify important points
• Give the “green light” to eligible candidates and report decisions with sound arguments
• Finalize loan contracts and keep clients informed in rules and obligations
• Remain up to speed regarding lending and other financial services
• Identify customer needs, explore all options and suggest different types of loans
• Cultivate trustworthy referral networks, suggest alternate channels and cross-sell products and services
• Forge trust relationships and enhance customer dedication
• Work within established regulations and adhere to law requirements at all times
Qualifications
Requirements
• Proven working experience in a loanprocessor role, at least 2 years is preferred.
• Good knowledge of banking computer software and MS Office
• Comprehension of direct/indirect lending procedures
• In-depth understanding of relevant rules and regulations
• Balance between customer satisfaction orientation and a results driven approach
• A degree in finance, economics, or a related field is preferred
Additional Information
All your information will be kept confidential according to EEO guidelines.
$40k-57k yearly est. 60d+ ago
Commercial Loan Servicer
First Service Credit Union 3.9
Loan processor job in Houston, TX
Role:
The Commercial Loan Servicer is responsible for the post-closing servicing of commercial loans in accordance with credit union policy, loan agreements, and applicable regulatory requirements. This role performs accurate loan setup in lending software, ongoing compliance with regulations and loan documents, and servicing of both direct and participation loans. Other important duties are supporting Relationship Managers and providing a high level of service to business members.
Essential Functions & Responsibilities:
Loan Servicing & System Administration: Set up and maintain commercial loan accounts in Lending software as well as the core system following loan closing. Process payments, advances, rate changes, renewals, modifications, extensions, and payoffs in lending software. Ensure accurate, interest calculations and accruals, and payment application in lending software. Maintain loan servicing activities in compliance with approved loan terms and internal controls.
Covenant, Tickler & Compliance Monitoring: Track and monitor financial covenants, reporting requirements, insurance, taxes, and collateral documentation. Review required financial statements and compliance items for completeness and timeliness. Identify, document, and escalate covenant exceptions or servicing deficiencies in accordance with policy.
Documentation & Record Maintenance: Maintain complete and accurate electronic loan files in accordance with credit union policy and regulatory standards. Ensure collateral records, UCC filings, and lien positions are properly recorded, tracked, and updated. Coordinate with legal counsel, title companies, and third-party vendors as needed.
Participation Loan Servicing: Service participation loans in accordance with participation agreements and servicing standards. Prepare and distribute participant reports, remittances, and interest allocations accurately and timely. Maintain clear communication with participants regarding loan performance, covenant compliance, and exceptions. Support participant audits, loan reviews, and information requests.
Member & Internal Support: Serve as a point of contact for business members and internal lending staff. Support Commercial Relationship Managers and Credit Administration with servicing and documentation requests. Provide timely, professional service while maintaining confidentiality and data integrity.
Regulatory, Audit & Quality Control Support: Assist with internal audits, regulatory exams, and loan reviews. Ensure servicing practices align with NCUA regulations, credit union policy, and sound risk management standards. Participate in quality control reviews to ensure accuracy and consistency of loan servicing data.
Performance Measurements:
To carry out assigned responsibilities with minimum number of errors according to established department standards.
To prepare reports in a timely accurate manner.
To ensure all data entry for loans made with zero errors.
To provide informed, professional and accurate service and support to all members and associates.
Knowledge and Skills:
Experience - Minimum 2 years of commercial loan servicing, loan operations, or commercial lending experience. Credit union experience and participation loan servicing experience preferred
Education - High school diploma required; associate or bachelor's degree preferred.
Interpersonal Skills - Work involves much personal contact with others inside and/or outside the organization for the purpose of first-level conflict resolution, building relationships, and soliciting cooperation. Discussions involve a higher degree of confidentiality and discretion, requiring diplomacy and tact in communication
Other Skills
Strong organizational and communication skills.
Ability to interpret loan documents and servicing provisions.
Sound judgment and ability to escalate issues appropriately.
This position supports compliance with applicable NCUA regulations, internal policies, and generally accepted servicing practices, including documentation standards, covenant monitoring, participation servicing, and audit readiness.
$35k-96k yearly est. 2d ago
Loan Disbursement Specialist
California Bank & Trust 4.4
Loan processor job in Houston, TX
Zions Bancorporation is one of the nation's premier financial services companies operating as a collection of great banks under local brands and management teams in high-growth western markets. Zions is regularly recognized by American Banker as one of the "Best Banks to Work For" and as having a top banking team in its list of "The Most Powerful Women in Banking." Our customers consistently vote us as the best bank in our local markets., We value our employees, and we are committed to search out, recognize and create fulfilling opportunities for outstanding people within our organization, rewarding them for their contributions to our success. We recognize that banking is a "local" business, and that to be successful, we must have very strong ties to the communities we serve and strong relationships with our customers.
With benefits starting on day one, 12 bank holidays, profit sharing and company-matched 401(k) contributions, Zions is dedicated to being an employer of choice in our communities. At Zions, the possibilities are endless. You bring the talent; we bring the opportunity.
We are currently seeking a Loan Disbursement Specialist to join our Construction Disbursements Team located in downtown Salt Lake City, Utah.
The Construction Disbursement Administration (CDA) group is responsible for managing roughly 200 commercial construction projects simultaneously. We work with multiple departments around the Bancorp to ensure that construction is progressing properly and all agreements within the loan documentation are being followed by all parties. We have currently switched to a new construction monitoring system and are working to streamline and improve our processes in all aspects of construction monitoring. The Salt Lake City group works closely with one another and we maintain a collaborative mentality when monitoring the construction loans assigned to us. We are looking for someone who is willing to work hard and jump in with both feet into our team and help us maintain our high standards of service within the department.
The Disbursement Specialist will:
* Review, analyze and process customer loan draws for commercial and residential construction projects, loan fund disbursements, equity draws, etc., including review of invoices, lien waivers, and budget.
* Prepare payoff quotes, credit bids, default letters and loan modifications.
* Schedule and direct pre-construction discussion with Borrower, Builder, and RM when requested.
* Administer participation loans, coordinate with participating/lead bank(s).
* Order, input, and review inspection reports.
* Updates and maintains various reports and ticklers for loan maintenance.
* Assists with and may serve as liaison with lenders, loan administration, and outside vendors.
* Monitor and may process interest rate changes.
* Review loans for past due status, insurance coverage, tickler exceptions, etc.
* Ensure loan administration is consistent with loan documents, bank and department policies and procedures.
* Other duties as assigned.
Requirements:
* Some experience with commercial, construction or loan servicing process and procedures, loan documentation or processing or other directly related experience.
* Basic knowledge of lending disbursement processes, procedures and loan documentation.
* Basic knowledge of standard construction budget and loan servicing practices and techniques.
* Must have good audit, problem solving, data entry and customer service skills.
* Ability to review and process data per loan documentation.
* Good time management and organizational skills.
* Must be accurate, detail oriented and able to multi-task.
* Good communication skills, both verbal and written.
* Basic knowledge of computer software programs such as word, excel, etc.
* Requires High School Degree or Equivalent
* A combination of education and experience may meet job requirements.
Location:
This position is 5 days in-office and can be filled at our downtown office in any of the following locations:
* Phoenix, AZ
* Irvine, CA
* Houston, TX
* Salt Lake City, UT
Pay range (depending on location and experience): $19-32/hr
Benefits:
* Medical, Dental and Vision Insurance - START DAY ONE!
* Life and Disability Insurance, Paid Parental Leave and Adoption Assistance
* Health Savings (HSA), Flexible Spending (FSA) and dependent care accounts
* Paid Training, Paid Time Off (PTO) and 11 Paid Federal Holidays
* 401(k) plan with company match, Profit Sharing, competitive compensation in line with work experience
* Mental health benefits including coaching and therapy sessions
* Tuition Reimbursement for qualifying employees
* Employee Ambassador preferred banking products
Apply now if you have a passion for impactful outcomes, enjoy working collaboratively with co-workers, and want to make a difference for the clients and communities we serve.
At Longbridge, we love seniors and we're passionate about helping them unlock the power of one of their greatest assets-their home equity.
As a leading provider of home equity solutions for seniors, we're committed to helping older homeowners make the most of what they've worked hard to build, so they can live the retirement they imagined.
And we don't just do it well, we do it
really
well. With an “Excellent” rating on Trustpilot and over a thousand customer testimonials, we've earned a reputation for making it easy and stress-free to access home equity-with guidance every step of the way.
But it's not just our customers who love us-our team does, too! We've been named a Great Place to Work three years in a row because we believe that when people enjoy what they do and where they do it,
everyone
wins.
Why Longbridge?
At Longbridge, we don't just offer jobs, we offer careers that grow with you. Here's why you'll love being part of our team:
Grow With Us - We're big believers in investing in our people. From top-notch training to clear career paths, we support your professional growth every step of the way. Plus, we love promoting from within-because when you succeed, we all do.
A Culture That Clicks - We work hard, but we have fun doing it! Whether it's team-building events, friendly competitions, or just an atmosphere of open communication and collaboration, we make sure work feels less like “just work.”
Benefits That Have Your Back - We've got you covered with best-in-class health plans (medical, dental, vision, HSA, and FSA), generous PTO, paid holidays, company-paid life insurance, and a competitive 401(k) match. Because taking care of our team is just as important as taking care of our customers.
If you're looking for a place where your work truly makes a difference, we'd love to have you on board. Apply today and let's do great things together!
Job Description
The Reverse Processor responsibilities include under general supervision verification of data integrity in our loan origination software. File gathering and submission to underwriting. Clear loan conditions for final approval to submit to closing.
Primary Job Duties:
Process applications for submission to underwriting
Work with loan officers, borrowers, underwriters, closers, AMC's and title companies
Scanning and uploading file documentation into LOS
Clear loan conditions with applicants and communicating with loan officers
Analyze Credit, income, tax returns and asset documents
Other duties and/or mortgage or company related tasks as assigned by management
Ensure confidentiality of client files
The employee shall work well under pressure, meet multiple and sometimes competing deadlines and shall, at all times, demonstrate professional behavior with colleagues and supervisors
Must be able to work independently and as part of a team
Qualifications
Required Experience:
1-2 years' experience in reverse mortgage processing required
Strong time management and prioritization skills and ability to meet deadlines
Must be able to read, analyze, and interpret procedures, manuals, policies, and regulations.
Above average oral and written communication skills.
Above average customer service, and analytical skills.
Intermediate working knowledge of PC applications (Word, Excel, MS Outlook)
Additional Information
Working in a growing and dynamic industry
Full benefits: Medical, Dental, Vision, FSA/HSA, and wide array of voluntary products and discounts
401(k) with company match
Paid time off
This is a non-exempt role
Target base salary range is 60K- 70K, which is based on various factors including skills and work experience.
In addition to base salary, this role is eligible for a competitive additional compensation program via monthly production bonus that is based on individual performance.
LBF is an EEO/AA/Vet/Disabled Employer
Please note that salaries that are estimated on various job sites may not reflect the actual compensation. Job sites, set the estimated salary, not Longbridge Financial.
Important Note: When you click on a video, certain personal information may be sent to the video provider (such as YouTube, Vimeo, etc.). To learn more about our privacy practices, please review our company Privacy Notice.
$34k-47k yearly est. 19d ago
Bilingual Loan Specialist
Regional Finance 4.1
Loan processor job in Conroe, TX
Take your career to the next level! In the last few years our goal has been expansion, creating growth opportunities for many of our team members. Not only are we serious about growth, but we are also serious about helping our customers during hard financial times.
We take pride in providing solutions and offering a helping hand, not only to our customers but also to the communities we serve. As we continue to expand and grow into a national leader in consumer financing, we invite you to consider joining our team.
If you're passionate about making a meaningful impact in people's lives and bringing a personal touch to finance, we'd love to have you on board!
Regional Finance is hiring! We are looking for talented and driven individuals to join our team. Take the next step in your career and click that apply button!
Job Intro
The core of a Loan Specialist is being customer oriented. If you are interested in helping others in their time of need, then this is the career you have been looking for!
Why work at Regional?
* Regional offers competitive pay! We do our best to show that we value our team members!
* You are eligible for a monthly bonus. Who doesn't love a nice cash reward for their hard work?
* You will have promotion opportunities. We love to train our Loan Specialists into future Branch Managers!
* All full-time team members have access to our medical, dental, vision and 401(k) benefits!
* Pays an average of $41,000, this amount can vary based on your location and cost of living adjustments!
Duties and responsibilities
* Provide exceptional service to all customers.
* Process credit loan applications and use product knowledge to present loan solutions to current and potential customers.
* Maintain office cash with accuracy and proper security.
* Grow account volume through good judgment and effective customer solicitations in the branch and by telephone.
* Minimize delinquent debt through calling customers and collecting on past-due accounts.
* Receive, track, and post all payments and fees to customer accounts in compliance with Company Policy.
* Transport money and deposits to and from bank.
* Other duties as assigned by leadership.
Minimum Qualifications
* High School Diploma or Equivalent.
* Prior customer service experience in either a sales/retail environment or cash management environment.
* Must pass drug screen, criminal and credit background checks.
* Valid Driver's License and access to a dependable automobile with liability insurance coverage.
Critical Competencies
* Demonstrated passion for customer service.
* Excellent written and verbal communication skills.
* Customer service minded with a personality that relates well with a broad spectrum of people, including external customers, branch colleagues, and corporate co-workers.
* Thrives in a pay for performance atmosphere.
* Proven ability to multi-task.
* High degree of integrity.
* Sales mentality.
* Adaptable to an ever-changing environment.
Working conditions
This position works in an office providing consumer loan products in person and over the phone. The typical working hours are 8:30am to 5:30pm Monday through Friday with some Saturdays required. Overtime may be required on an as needed basis and is at the discretion of upper management.
If you are a job applicant who resides in the state of California, please review our California Employee Privacy Policy at the following link: **************************************************************************************************
#RGNL
Regional is an equal opportunity employer and does not discriminate on the basis of race, color, religion, creed, national origin, sex (including pregnancy, childbirth, and related medical conditions), sexual orientation, gender identity, transgender status, age, disability, genetic information, veteran status, uniform service, or any other characteristic protected by applicable law ("Protected Characteristics"). Regional's policy of non-discrimination applies to all phases of the employment process and relationship, including, but not limited to, recruitment and selection; compensation and benefits; professional development and training; promotions and opportunities; transfers; social and recreational programs; layoff; and terminations.
$41k yearly 31d ago
Senior Loan Processor
Limitless Lending & Investments, LLC
Loan processor job in Houston, TX
Job Description
Senior LoanProcessor (In-Person ONLY)
Join Our Growing Mortgage Team!
We're seeking an experienced Senior LoanProcessor to join our dynamic group of lending professionals. The ideal candidate will have several years of loan processing experience, coupled with excellent time management, customer service skills, and exceptional attention to detail. We're looking for someone passionate about helping others and committed to ethical practices.
Why Join Us?
If you're looking for an excellent opportunity with plenty of room for growth, apply today!
Important Information:
A DISC assessment is required before the first interview-we want to learn more about you!
Please review the salary details; we want to ensure you're satisfied with the compensation.
Bilingual skills are a Plus, but not required.
Work Schedule: Monday - Friday, 8:45 A.M - 5:45 P.M. (This may vary depending on the number of loans scheduled to Fund)
Please apply only if you're comfortable with an in-office role, as this is not a remote position.
Compensation:
$35,000 yearly
Responsibilities:
Be the main point of contact for title companies, mortgage loan officer/mortgage loan originator, real estate agents, borrowers, and mortgage underwriters to facilitate a timely loan closing
Obtain and verify that all loan documentation, such as title insurance, appraisals, loan applications, credit reports, and income and asset declarations are accurate and provided promptly to underwriters for loan approval
Confirm that all loan files, credit packages, and disclosure packages comply with company lending policies, as well as state and federal lending guidelines
Order third party documentation and reports for residential home loans, create and maintain the mortgage loan file, and assist in clearing underwriting conditions as requested
Input loan file documentation accurately into necessary software programs
Customer Contact: Reach out to customers via phone, email, and text to collect necessary documentation
Knowledge of balancing CD: Understand the process of balancing with the lender and title to avoid tolerance
Account Management: Maintain accurate records of customer interactions, account statuses in our CRM system, and document uploads
Issue Resolution: Investigate and resolve condition discrepancies, disputes, and other customer concerns promptly and professionally, while closing loans in a timely manner
Compliance: Adhere to all company policies, state and federal regulations, and industry best practices related to lending/processing and customer interactions
Performance Targets: Meet or exceed monthly processing goals and performance metrics set by the management team
Qualifications:
Familiarity with MS Office, Loan Origination Software (LOS), and Automated Underwriting System (AUS) are beneficial
High school diploma required; Bachelor's degree is preferred
Mortgage industry knowledge, specifically federal and state regulatory requirements are necessary
Exceptional time management, attention to detail, customer service, and communication skills are necessary
Recent mortgage loan processing (2-3 years experience) for a bank, credit union, or mortgage company is necessary
Knowledge of current residential mortgage loans such as FNMA, FHA, VA, USDA, and Conventional is crucial -- Commercial loan and Refinance loan knowledge is an added asset
What's Essential:
Bilingual in English and Spanish is a plus
Must be able to work independently and meet deadlines
Strong problem-solving and analytical skills
Driven, efficient, and self-motivated
High attention to detail
Strong organization and communication skills
About Company
Vision:
Our Impact on our community is not just doing loans! Our Authenticity lies in the pathway,
where you are provided with options that remove the LIMITS to simplify it to our LIMITLESS LENDING WAY!
Your DREAMS of Financial Freedom have reached the RIGHT Destination.
Core Values:
L - LEARNING
I - INNOVATION
M - MULTITASKING
I - INFORMATIVE
T - TEAM PLAYER
L - LEADERSHIP
E - EMPOWERMENT
S - SERVICE BEFORE SELF
S - SELF SUFFICIENT
$35k yearly 12d ago
Loan Collateral Specialist- West Belt Annex
Stellar Bank
Loan processor job in Houston, TX
The Loan Collateral Specialist position is responsible for monitoring/clearing collateral document tracking/exceptions. The position also includes recording new liens, UCC continuations, monitor negotiable collateral and release of liens. Supporting Lending team with document exception questions.
ESSENTIAL DUTIES AND RESPONSIBILITIES
Process recording of lien instruments for new/renewal loans in Lien Solutions.
Monitor Loan Collateral ASK desk for clearing collateral related ticklers/exceptions.
Process incoming mail from postal service, interoffice, and email for clearing exceptions.
Analyze Lien Solution reports for lien expirations and process continuations.
Maintains the Negotiable collateral and periodic audit of collateral vault.
Assist as need with the following:
Set up collateral documentation tracking/exception items in Sageworks.
Set up tax monitoring for real estate loans with Accumatch.
Responds to email and telephone communication as needed to support lending staff.
Compliance with any and all BSA/AML/CFT and Sanctions requirements set forth by Bank Policy and Procedure, including but not limited to timely completion of assigned training.
SECONDARY DUTIES
The position performs duties specific to the position and other functions as assigned by management.
SUPERVISORY RESPONSIBILITY
This position is not responsible for the supervision of staff.
ENVIRONMENT AND PHYSICAL ACTIVITY
The incumbent is in a non-confined office setting in which they are free to move about at will. In the course of performing the duties and responsibilities of this position spends time writing, speaking, listening, lifting (up to 25 pounds), sitting, typing on a computer keyboard, and standing, kneeling and reaching.
The incumbent for this position may operate any or all of the following: telephone, copy and fax machine, adding machine, computer and related printers.
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential function of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
The incumbent in this position must be able to read documents or instruments, detailed work, problem solving, customer contact, reasoning, math, verbal and written communication, analytical reasoning, multiple tasks with constant interruptions.
MINIMUM REQUIREMENTS
High School Diploma and 5 years of related experience; or the equivalent combination of education and experience.
Work related experience must consist of Loan Operations department or Lending Assistant with processing/preparing loan documentation to secure commercial, consumer and real estate loans.
Educational experience, through formal school or financial industry related curriculum, is required to be applicable to the financial industry. Bachelor's degree preferred
$24k-57k yearly est. 7d ago
Loan Closer - Funder
Cornerstone Capital Bank 3.3
Loan processor job in Houston, TX
Cornerstone Home Lending, a division of Cornerstone Capital Bank, is a unique national home lender with a reputation of amazing service, customer satisfaction, on-time closings, employee retention, and happiness. We employ people who are passionately committed to Cornerstone's Mission, Vision & Core Convictions. Our brand is known for on-time closings - a key core conviction of Cornerstone. We have successfully navigated our company through many industry cycles and changes in regulations.
We honor God by using our talents to make a positive difference in the lives of our Team Members, Clients, Shareholders, Communities, and the People who provide services to us.
Who we are looking for:
We are seeking an experienced Mortgage Closer with strong time management, organization, good work ethic, and flexibility to support our Customers and our Loan Officers deliver outstanding service.
What you'll do:
Prepare Closing packages
Provide funding authorization to Title/Escrow Agents
Review signed closing packages for accuracy
Understanding fee tolerances, how to handle tolerance violations, when 3 day wait periods apply
Ensure the closing package is fully complete and accurate and compliant, which includes but is not limited to:
Lender and seller credits are itemized
POC credits are itemized
Fees are listed in the correct sections
Fee entries are correct
Escrows set up properly
Ensure all date entries are completed to ensure accurate reporting and to ensure Loan Officer (and team) have visibility to the steps that have been completed
Update status notes within the TRID form regarding communication with Loan Officer, borrower or settlement agent
What you'll need to be successful:
Success in this job relies on your time management skills, organization, and positive attitude. In addition, you'll need the following qualifications:
Experience and extensive knowledge of new RESPA/GFE laws
Clear focus on detail and ability to recognize inconsistencies in data/documents
Detailed knowledge of Closing and Legal Documents (HUD-1, Note, Deed of Trust, Assignment, Title Binder) and Disclosure Documents (TIL, GFE, Right of Rescission, State-specific)
Ability to work in a "High Volume" environment
Great work ethic
Working with LoanSoft software a plus
Detailed knowledge of:
FHA/VA/USDA Loan Documents
Credit Documents (DU/LP Findings, 1003, 1008, Credit Report, VVOE, Appraisal)
Insurance Documents (Hazard, Flood, MI)
MDIA Disclosure timing and APR rules
TILA/RESPA LE/CD fee tolerance comparisons and change of circumstance
Understanding of compliance, underwriting, origination, or processing roles
What we offer: Because we recognize and reward hard work, we offer a competitive salary, full benefits package, and a performance-based bonus.
What to do next: If Cornerstone sounds like the place for you (and if you have the qualifications, drive, and passion to match), we invite you to become a member of our winning team! And remember, once you're part of our Cornerstone family, we'll continue to invest in you as a valuable asset in our company. As many of our team members can tell you, there's something special about working at Cornerstone.
Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.
$33k-40k yearly est. 5d ago
Sr. Loan Processor
Stellantis Financial Services Us
Loan processor job in Houston, TX
Job Description
Stellantis Financial Services (SFS) is the new captive finance company for one of the world's leading automakers and a mobility provider with iconic brands including Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS Automobiles, Fiat, Jeep , Lancia, Maserati, Opel, Peugeot, Ram, Vauxhall, Free2move and Leasys.
Our exciting growth provides opportunities to advance your career as we successfully lead products and services from a small to midsize company in just a few years. Join our world class team and culture and contribute to our core mission which is enhancing our customer's experience.
Position Summary:
The Sr. LoanProcessor will be responsible for processing auto loan contract packages to ensure each file is accurate and complete prior to funding by performing the following duties. Assists loan processing and funding managers with pipeline management, training of loanprocessors, handling complex loan files, responding to escalated calls, and may perform quality file reviews as needed.
Essential Duties and Responsibilities:
Reviews and ensures submitted contracts and loan packages are complete, accurate and reflect proper approval authorities.
Closely inspects loan package documentation for suspicious or fraudulent documentation.
Verifies calculations on the contracts prior to funding and prepares completed files for funding.
Performs financial calculations such as income, payoffs, rebates and cancellation quotes, verification of employment, vehicle registration, driver's license, residence, and insurance coverage.
Conducts customer interview to validate information contained in the loan documents.
Serves as a liaison between Dealer, Loan Officers and Dealer Relationship Managers and assists in resolving funding issues.
Maintain confidentiality when accessing personal information of consumers, including, but not limited to, Social Security numbers and dates of birth.
Perform other ad-hoc tasks and duties as assigned.
Qualifications and Competencies Required To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Required Experience:
Minimum 2 years' experience in auto finance industry as a LoanProcessor, or a similar position.
Education:
High school diploma and or/GED.
Skills Required:
In-depth knowledge of loan processing procedures, regulations, and guidelines.
Strong analytical and mathematical skills.
Excellent communication and customer service skills.
Ability to work efficiently in a fast-paced environment.
Proficient in using lease software and Microsoft Office Suite.
Overtime required - required on an as needed basis.
Travel 0-10% - as required on an as needed basis.
Must have reliable transportation and live within a commutable distance to one of the following cities: Dallas, TX; Houston, TX; Phoenix, AZ.
Physical Demands The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
While performing the duties of this Job, the employee is regularly required to sit; use hands to finger, handle, or feel; reach with hands and arms and talk or hear. The employee is occasionally required to stand; walk and stoop, kneel, crouch, or crawl. The employee must occasionally lift and/or move up to 10 pounds. Specific vision abilities required by this job include close vision.
Work Environment The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. The noise level in the work environment is usually moderate.
Work Schedule This position requires the ability to work various shifts to accommodate business needs. Typically, between the hours of 8AM-6PM Monday through Friday and on weekends as needed. Travel is required 10% of the time.
An applicant must be authorized to work in the United States to be eligible for this position. Stellantis Financial Services, Inc. will not sponsor applicants for work visas of any type for this position.
Stellantis Financial Services, Inc (SFS) is an equal opportunity employer and is committed to providing its employees an environment that is free of harassment, discrimination, and intimidation. It is the policy of SFS to comply with all applicable employment laws and regulations and to provide equal opportunity for all qualified persons and to not discriminate against any employee or applicant for employment because of race, color, religion, sex, age, national origin, disability, pregnancy, sexual orientation, veteran status, gender identity or expression, change of sex, and/or transgender status or any protected status. Candidates must possess authorization to work in the United States. This policy applies to recruitment and placement, promotion, training, transfer, retention, rate of pay and all other terms and conditions of employment. Employment and promotion decisions will be based solely on merit, ability, achievement, experience, conduct and other legitimate business reasons.
$46k-80k yearly est. 29d ago
Mortgage Loan Processor
Members Choice Credit Union 3.9
Loan processor job in Houston, TX
General
The Mortgage LoanProcessor (MLP) is responsible for processing all real estate applications originated by the Mortgage Loan Officers in accordance with internal credit union policies, procedures, and guidelines. Applications include conventional purchase money, refinance, cash-out refinance, home equity and home improvement loans. Most loans are retained in the credit union's portfolio, but others are sold on the secondary market. This is an extensive member service-oriented position with primary responsibilities for the accurate processing, validating information and documentation, and timely closing a mortgage loan file. MLP's must have the ability to maintain effective communication with the member to ensure coordination and exchange of information for accomplishing the closing of the member's real estate loan. This position will also include some crossover into closing, funding, post-closing, and administrative job duties.
Duties & Responsibilities
Have thorough knowledge of first and second mortgage real estate lending practices, including federal regulatory requirements, state regulations and agency requirements.
Have a thorough understanding of conventional and special mortgage loan programs and knowledge of the necessary documentation for processing and obtaining underwriting approval.
Review Desktop Underwriter verification messages/approval conditions. Verify the accuracy and integrity of all loan data entered into the system including but not limited to names, addresses, government monitoring information, loan information (i.e. loan amount, interest, terms, lock-in expiration dates, etc.)
Communicate with members to provide them with an overview of the process and inform the member of information and documentation necessary to process the loan.
Conduct follow-up on outstanding documentation to ensure receipt to keep file on track for a timely closing.
Order from closing document attorney and/or preparing loan closing documents to prepare for loan closings.
Disclose Closing Disclosures within TRID guidelines, validating information, reconcile loan fees and charges with title companies, attorney's offices, appraisers, surveyors, etc., and accurately perform funding transactions to disburse funds to Borrowers and/or title companies.
Maintain quality within the department by following operational policies and procedures, reporting needed changes, and compliance with Federal regulations.
Manage relationships with vendors including title companies, mortgage insurance companies, document attorney, and appraisal management companies.
The MLP is expected to be flexible with respect to duties, scheduling, and periodically completing duties that may be outside their normal job description.
Job Requirements
Must register with the National Mortgage Licensing System
High school graduate with 5 years experience in mortgage lending with at least 2 years as a Mortgage LoanProcessor
Strong verbal and written communication skills
Strong organizational and planning skills
Provide friendly, prompt, professional and accurate service and support to all members and associates
Maintain a dependable record of attendance and timeliness. Ability to work evenings and weekends if needed.
Knowledge of software and hardware necessary to conduct business in a credit union environment, including, but not limited to: multiple line telephones, fax machine, voicemail, Outlook based electronic mail and calendars, E-Fax, Windows, Microsoft Office (Word, Excel, and PowerPoint)
Knowledge and familiarity with Calyx loan origination system strongly preferred
Bilingual in Spanish is a plus.
Physical/Mental Requirements Of The Position:
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
While performing the duties of the job, the employee is regularly required to stand, sit, use hands, reach with hands and arms, kneel, crouch, and talk and hear.
Ability to move and/or lift 10 pounds.
The vision requirements include close vision and ability to adjust focus.
The mental demands include detailed work, reasoning, math, language, written and verbal communications, multiple concurrent tasks.
$46k-58k yearly est. Auto-Apply 60d+ ago
Mortgage Loan Processor
Prolending Mortgage
Loan processor job in Webster, TX
ProLending Mortgage, LLC. provides Home Loans for Houston and the surrounding areas of Texas. We're committed and dedicated to making your loan process as easy and simple as possible. If you have any questions or you would like to talk to us about your loan or you're pre-qualification, please contact us today. We're here to help and serve you!
Job Description
ProLending Mortgage is currently looking for a reliable LoanProcessor to perform appraisals of individual loans in Texas. You will undertake an intermediary role between potential clients and our financial institution. The goal is to help qualified applicants obtain loans in a timely manner and protect our organization's credibility. Loanprocessor duties and responsibilities will include analysis, appraisal and evaluation of loan applicants, as well as writing and finalizing contracts. Our ultimate goal is to create lasting relationships with each of our clients so that we may continue providing excellent service for many years to come. Unlike many of the larger nationwide mortgage companies that are out there, all your information will be kept secure and private.
Responsibilities
• Perform initial appraisal of potential borrowers by thoroughly examining their applications
• Assess the credit standings of applicants through background research
• Interview applicants to evaluate their eligibility for loan or mortgage
• Conclude on all applicable financial and non-financial criteria and develop loan repayment plans
• Follow up with clients to clarify important points
• Give the “green light” to eligible candidates and report decisions with sound arguments
• Finalize loan contracts and keep clients informed in rules and obligations
• Remain up to speed regarding lending and other financial services
• Identify customer needs, explore all options and suggest different types of loans
• Cultivate trustworthy referral networks, suggest alternate channels and cross-sell products and services
• Forge trust relationships and enhance customer dedication
• Work within established regulations and adhere to law requirements at all times
Qualifications
Requirements
• Proven working experience in a loanprocessor role, at least 2 years is preferred.
• Good knowledge of banking computer software and MS Office
• Comprehension of direct/indirect lending procedures
• In-depth understanding of relevant rules and regulations
• Balance between customer satisfaction orientation and a results driven approach
• A degree in finance, economics, or a related field is preferred
Additional Information
All your information will be kept confidential according to EEO guidelines.
$40k-57k yearly est. 1h ago
Commercial Loan Servicer
First Service Credit Union 3.9
Loan processor job in Houston, TX
Job Description
Role:
The Commercial Loan Servicer is responsible for the post-closing servicing of commercial loans in accordance with credit union policy, loan agreements, and applicable regulatory requirements. This role performs accurate loan setup in lending software, ongoing compliance with regulations and loan documents, and servicing of both direct and participation loans. Other important duties are supporting Relationship Managers and providing a high level of service to business members.
Essential Functions & Responsibilities:
Loan Servicing & System Administration: Set up and maintain commercial loan accounts in Lending software as well as the core system following loan closing. Process payments, advances, rate changes, renewals, modifications, extensions, and payoffs in lending software. Ensure accurate, interest calculations and accruals, and payment application in lending software. Maintain loan servicing activities in compliance with approved loan terms and internal controls.
Covenant, Tickler & Compliance Monitoring: Track and monitor financial covenants, reporting requirements, insurance, taxes, and collateral documentation. Review required financial statements and compliance items for completeness and timeliness. Identify, document, and escalate covenant exceptions or servicing deficiencies in accordance with policy.
Documentation & Record Maintenance: Maintain complete and accurate electronic loan files in accordance with credit union policy and regulatory standards. Ensure collateral records, UCC filings, and lien positions are properly recorded, tracked, and updated. Coordinate with legal counsel, title companies, and third-party vendors as needed.
Participation Loan Servicing: Service participation loans in accordance with participation agreements and servicing standards. Prepare and distribute participant reports, remittances, and interest allocations accurately and timely. Maintain clear communication with participants regarding loan performance, covenant compliance, and exceptions. Support participant audits, loan reviews, and information requests.
Member & Internal Support: Serve as a point of contact for business members and internal lending staff. Support Commercial Relationship Managers and Credit Administration with servicing and documentation requests. Provide timely, professional service while maintaining confidentiality and data integrity.
Regulatory, Audit & Quality Control Support: Assist with internal audits, regulatory exams, and loan reviews. Ensure servicing practices align with NCUA regulations, credit union policy, and sound risk management standards. Participate in quality control reviews to ensure accuracy and consistency of loan servicing data.
Performance Measurements:
To carry out assigned responsibilities with minimum number of errors according to established department standards.
To prepare reports in a timely accurate manner.
To ensure all data entry for loans made with zero errors.
To provide informed, professional and accurate service and support to all members and associates.
Knowledge and Skills:
Experience - Minimum 2 years of commercial loan servicing, loan operations, or commercial lending experience. Credit union experience and participation loan servicing experience preferred
Education - High school diploma required; associate or bachelor's degree preferred.
Interpersonal Skills - Work involves much personal contact with others inside and/or outside the organization for the purpose of first-level conflict resolution, building relationships, and soliciting cooperation. Discussions involve a higher degree of confidentiality and discretion, requiring diplomacy and tact in communication
Other Skills
Strong organizational and communication skills.
Ability to interpret loan documents and servicing provisions.
Sound judgment and ability to escalate issues appropriately.
This position supports compliance with applicable NCUA regulations, internal policies, and generally accepted servicing practices, including documentation standards, covenant monitoring, participation servicing, and audit readiness.
At Longbridge, we love seniors and we're passionate about helping them unlock the power of one of their greatest assets-their home equity. As a leading provider of home equity solutions for seniors, we're committed to helping older homeowners make the most of what they've worked hard to build, so they can live the retirement they imagined.
And we don't just do it well, we do it
really
well. With an “Excellent” rating on Trustpilot and over a thousand customer testimonials, we've earned a reputation for making it easy and stress-free to access home equity-with guidance every step of the way.
But it's not just our customers who love us-our team does, too! We've been named a Great Place to Work three years in a row because we believe that when people enjoy what they do and where they do it,
everyone
wins.
Why Longbridge?
At Longbridge, we don't just offer jobs, we offer careers that grow with you. Here's why you'll love being part of our team:
Grow With Us
- We're big believers in investing in our people. From top-notch training to clear career paths, we support your professional growth every step of the way. Plus, we love promoting from within-because when you succeed, we all do.
A Culture That Clicks
- We work hard, but we have fun doing it! Whether it's team-building events, friendly competitions, or just an atmosphere of open communication and collaboration, we make sure work feels less like “just work.”
Benefits That Have Your Back
- We've got you covered with best-in-class health plans (medical, dental, vision, HSA, and FSA), generous PTO, paid holidays, company-paid life insurance, and a competitive 401(k) match. Because taking care of our team is just as important as taking care of our customers.
If you're looking for a place where your work truly makes a difference, we'd love to have you on board. Apply today and let's do great things together!
Job Description
The Reverse Processor responsibilities include under general supervision verification of data integrity in our loan origination software. File gathering and submission to underwriting. Clear loan conditions for final approval to submit to closing.
Primary Job Duties:
Process applications for submission to underwriting
Work with loan officers, borrowers, underwriters, closers, AMC's and title companies
Scanning and uploading file documentation into LOS
Clear loan conditions with applicants and communicating with loan officers
Analyze Credit, income, tax returns and asset documents
Other duties and/or mortgage or company related tasks as assigned by management
Ensure confidentiality of client files
The employee shall work well under pressure, meet multiple and sometimes competing deadlines and shall, at all times, demonstrate professional behavior with colleagues and supervisors
Must be able to work independently and as part of a team
Qualifications
Required Experience:
1-2 years' experience in reverse mortgage processing required
Strong time management and prioritization skills and ability to meet deadlines
Must be able to read, analyze, and interpret procedures, manuals, policies, and regulations.
Above average oral and written communication skills.
Above average customer service, and analytical skills.
Intermediate working knowledge of PC applications (Word, Excel, MS Outlook)
Additional Information
Working in a growing and dynamic industry
Full benefits: Medical, Dental, Vision, FSA/HSA, and wide array of voluntary products and discounts
401(k) with company match
Paid time off
This is a non-exempt role
Target base salary range is 60K- 70K, which is based on various factors including skills and work experience.
In addition to base salary, this role is eligible for a competitive additional compensation program via monthly production bonus that is based on individual performance.
LBF is an EEO/AA/Vet/Disabled Employer
Please note that salaries that are estimated on various job sites may not reflect the actual compensation. Job sites, set the estimated salary, not Longbridge Financial.
Important Note: When you click on a video, certain personal information may be sent to the video provider (such as YouTube, Vimeo, etc.). To learn more about our privacy practices, please review our company Privacy Notice.
$34k-47k yearly est. 1h ago
Loan Specialist
Regional Finance 4.1
Loan processor job in Katy, TX
Take your career to the next level! In the last few years our goal has been expansion, creating growth opportunities for many of our team members. Not only are we serious about growth, but we are also serious about helping our customers during hard financial times.
We take pride in providing solutions and offering a helping hand, not only to our customers but also to the communities we serve. As we continue to expand and grow into a national leader in consumer financing, we invite you to consider joining our team.
If you're passionate about making a meaningful impact in people's lives and bringing a personal touch to finance, we'd love to have you on board!
Regional Finance is hiring! We are looking for talented and driven individuals to join our team. Take the next step in your career and click that apply button!
Job Intro
The core of a Loan Specialist is being customer oriented. If you are interested in helping others in their time of need, then this is the career you have been looking for!
Why work at Regional?
Regional offers competitive pay! We do our best to show that we value our team members!
You are eligible for a monthly bonus. Who doesn't love a nice cash reward for their hard work?
You will have promotion opportunities. We love to train our Loan Specialists into future Branch Managers!
All full-time team members have access to our medical, dental, vision and 401(k) benefits!
Pays an average of $41,000, this amount can vary based on your location and cost of living adjustments!
Duties and responsibilities
Provide exceptional service to all customers.
Process credit loan applications and use product knowledge to present loan solutions to current and potential customers.
Maintain office cash with accuracy and proper security.
Grow account volume through good judgment and effective customer solicitations in the branch and by telephone.
Minimize delinquent debt through calling customers and collecting on past-due accounts.
Receive, track, and post all payments and fees to customer accounts in compliance with Company Policy.
Transport money and deposits to and from bank.
Other duties as assigned by leadership.
Minimum Qualifications
High School Diploma or Equivalent.
Prior customer service experience in either a sales/retail environment or cash management environment.
Must pass drug screen, criminal and credit background checks.
Valid Driver's License and access to a dependable automobile with liability insurance coverage.
Critical Competencies
Demonstrated passion for customer service.
Excellent written and verbal communication skills.
Customer service minded with a personality that relates well with a broad spectrum of people, including external customers, branch colleagues, and corporate co-workers.
Thrives in a pay for performance atmosphere.
Proven ability to multi-task.
High degree of integrity.
Sales mentality.
Adaptable to an ever-changing environment.
Working conditions
This position works in an office providing consumer loan products in person and over the phone. The typical working hours are 8:30am to 5:30pm Monday through Friday with some Saturdays required. Overtime may be required on an as needed basis and is at the discretion of upper management.
If you are a job applicant who resides in the state of California, please review our California Employee Privacy Policy at the following link: **************************************************************************************************
Regional is an equal opportunity employer and does not discriminate on the basis of race, color, religion, creed, national origin, sex (including pregnancy, childbirth, and related medical conditions), sexual orientation, gender identity, transgender status, age, disability, genetic information, veteran status, uniform service, or any other characteristic protected by applicable law (“Protected Characteristics”). Regional's policy of non-discrimination applies to all phases of the employment process and relationship, including, but not limited to, recruitment and selection; compensation and benefits; professional development and training; promotions and opportunities; transfers; social and recreational programs; layoff; and terminations.
How much does a loan processor earn in Spring, TX?
The average loan processor in Spring, TX earns between $28,000 and $55,000 annually. This compares to the national average loan processor range of $28,000 to $50,000.